CAI Capital Partners-backed Midwestern Electric completed the acquisition of Bear Electrical Solutions.

CAI Capital Partners-backed Midwestern Electric, an infrastructure services provider, completed the acquisition of Bear Electrical Solutions, a provider of construction and maintenance services for traffic, street and parking signals. Financial terms were not disclosed. “We couldn't be more thrilled with the outcome of the transaction. The FMI team exceeded our expectations at every step, from ensuring we fully understood the process to securing an ideal buyer who mirrored our corporate culture and values. Their dedication, expertise and hands-on support made all the difference,” Mike Peters, Bear Electrical Solutions President.